Causeway Capital Management has launched a new global absolute return fund. The Causeway Global Absolute Return Fund is a no-load, open-end fund that will be available to retail investors and institutional investors. The portfolio plans long-term growth of capital with low or no correlation to the MSCI World Index. The fund will use swap agreements to obtain exposures to long and short positions in securities and will also use leverage.
Click here for the release from Business Wire.